Across the forum, we talk about ensuring that you maintain your reserves... but how do you actually manage them on you own the properties? This question is for the properties you plan on holding. If you are flipping, ...
Hello BP CommunityI'm currently learning everything I can on apartment acquisitions and proper analysis. My question is, when running the numbers do you include the CapEx and or Reserves as part of the operating expen...
Good morning BP,Thank you in advance for reading my post. I have over the past 10 years acquired 23 doors consisting of sfh and duplexes throughout Florida. Right now I'm working on a 40 unit about 4 hours from me whi...
Hi All,My husband and I recently purchased our first property, a duplex. We are in the middle of renovating it. My question is: Once we get through the BRRRR process and we begin putting money towards vacancy, repai...
Hi All! I'm a newbie here and stumbled upon this site as I recently started to explore the idea of investing in real estate. I am currently in the Akron area and thinking of starting off with investing in single famil...
I just got an offer accepted on my first Single Family House which I plan to house hack. I ran the numbers through the BP calculators prior to making an offer and everything looks great. I'm wondering what tools or tr...
Hello All, I am considering Breezeway for its operation functions to help manage my 23 STRs. I currently use Hostaway as a PMS and a list of other softwares to help run my business. I have a decent sized team of b...
I'm trying to set up my accounting General Ledger (GL) for my rental company (I manage / operate a 4-unit apartment building). Could some other folks here give me some feedback and let me know how you set up your cha...
Hi All,
I need to sign a new PM contract for a MF property I own out of state (CA). I have some issues with the terms of the contract and would love to know what is "normal and customary" verbiage and if there mat be...
I have 3 scenarios here. I know none are -exceptional- but in my area in Tampa, so much hedge fund big $$ has been spent on 3/2s that the prices have made it tough to get the deals. But when I run numbers on some of...